TTM
20.1%
YoY change
+4.05pp
Trough year (1998)
-10.0%
Peak year (2005)
32.2%
Latest annual
19.8%
Operating Margin history chart for Boston Scientific (BSX) from 1991 to 2025
Latest: 19.8%
Operating Margin change chart for Boston Scientific (BSX) from 1991 to 2025
Latest: +4.05pp
Operating Margin history table for Boston Scientific (BSX) from 1991 to 2025
| 2025 | 19.8% | +4.05pp | ||
| 2024 | 15.7% | +0.42pp | ||
| 2023 | 15.3% | +0.93pp | ||
| 2022 | 14.4% | -1.78pp | ||
| 2021 | 16.2% | +10.10pp | ||
| 2020 | 6.1% | -9.89pp | ||
| 2019 | 15.9% | -1.74pp | ||
| 2018 | 17.7% | +0.83pp | ||
| 2017 | 16.9% | +2.12pp | ||
| 2016 | 14.7% | +4.17pp | ||
| 2015 | 10.6% | -0.88pp | ||
| 2014 | 11.4% | -0.74pp | ||
| 2013 | 12.2% | -1.52pp | ||
| 2012 | 13.7% | -1.02pp | ||
| 2011 | 14.7% | +0.99pp | ||
| 2010 | 13.7% | -2.17pp | ||
| 2009 | 15.9% | -0.17pp | ||
| 2008 | 16.1% | +1.97pp | ||
| 2007 | 14.1% | -1.67pp | ||
| 2006 | 15.8% | -16.42pp | ||
| 2005 | 32.2% | +0.72pp | ||
| 2004 | 31.5% | +11.44pp | ||
| 2003 | 20.1% | -0.85pp | ||
| 2002 | 20.9% | +17.16pp | ||
| 2001 | 3.7% | -21.60pp | ||
| 2000 | 25.3% | -0.17pp | ||
| 1999 | 25.5% | +35.47pp | ||
| 1998 | -10.0% | -32.11pp | ||
| 1997 | 22.2% | -1.22pp | ||
| 1996 | 23.4% | -2.37pp | ||
| 1995 | 25.7% | -3.21pp | ||
| 1994 | 29.0% | +0.39pp | ||
| 1993 | 28.6% | -0.87pp | ||
| 1992 | 29.4% | -1.21pp | ||
| 1991 | 30.7% | — |
- 202519.8%+4.05pp
- 202415.7%+0.42pp
- 202315.3%+0.93pp
- 202214.4%-1.78pp
- 202116.2%+10.10pp
- 20206.1%-9.89pp
- 201915.9%-1.74pp
- 201817.7%+0.83pp
- 201716.9%+2.12pp
- 201614.7%+4.17pp
- 201510.6%-0.88pp
- 201411.4%-0.74pp
- 201312.2%-1.52pp
- 201213.7%-1.02pp
- 201114.7%+0.99pp
- 201013.7%-2.17pp
- 200915.9%-0.17pp
- 200816.1%+1.97pp
- 200714.1%-1.67pp
- 200615.8%-16.42pp
- 200532.2%+0.72pp
- 200431.5%+11.44pp
- 200320.1%-0.85pp
- 200220.9%+17.16pp
- 20013.7%-21.60pp
- 200025.3%-0.17pp
- 199925.5%+35.47pp
- 1998-10.0%-32.11pp
- 199722.2%-1.22pp
- 199623.4%-2.37pp
- 199525.7%-3.21pp
- 199429.0%+0.39pp
- 199328.6%-0.87pp
- 199229.4%-1.21pp
- 199130.7%—
Operating Margin values are taken from Boston Scientific's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Boston Scientific (BSX)
According to Boston Scientific's latest reported financial statements, the company's latest reported operating margin is 20.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Boston Scientific (BSX) reported operating margin of 19.78% – expanded 4.0 percentage points year-over-year.
The record annual operating margin stands at 32.21%, reached in 2005; the historical low of -9.96% was recorded in 1998.
Boston Scientific Operating Margin by Year
Boston Scientific Operating Margin 2025: 19.8%
2025's operating margin for Boston Scientific came in at 19.78%, expanded 4.0 percentage points from 2024.
Boston Scientific Operating Margin 2024: 15.7%
Boston Scientific posted operating margin of 15.73% in 2024, expanded 0.4 percentage points from 2023.
Boston Scientific Operating Margin 2023: 15.3%
In 2023, Boston Scientific reported operating margin of 15.32%, expanded 0.9 percentage points from 2022.
Boston Scientific Operating Margin 2022: 14.4%
Boston Scientific operating margin in 2022 was 14.38%, contracted 1.8 percentage points from 2021.
Boston Scientific Operating Margin 2021: 16.2%
Boston Scientific operating margin in 2021 was 16.17%.
See more financial history for Boston Scientific (BSX).
Sector peers by Operating Margin
Healthcare peers of Boston Scientific (BSX), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
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